MEV Trading Bot: Understanding its Types, Working and Benefits
Miner Extractable Value (MEV) bots have gained significant presence in the cryptocurrency landscape, especially in the Ethereum network. These specialized bots are programmed to identify and capitalize on lucrative prospects within the blockchain ecosystem.
Understanding MEV Trading Bot and Types
An MEV trading bot is a software tool designed to monitor the Ethereum blockchain for fresh transactions, identify lucrative opportunities, and autonomously carry out these transactions for their users. Their primary objective is to maximize MEV capture.